My mother has a revokable living trust that holds most of her real estate property for the benefit of her 3 children after her death. (Under 3 million in value) There is one property that she was going to leave just ...
A family member loaned me money to make a property purchase at trustee sale. Their loan amount was roughly 30% of the purchase price of the property. We have a promissory note for the loan amount and I am paying them ...
We would like to convert our IRA into one that allows us to use the funds to invest in real estate. Please share any personal experiences you have had doing this, and companies you would recommend.Thank you
My father owns (3) 2 family units. Son and daughter manage the properties. He does not want to deal with the properties anymore and wants to transfer them to our name. Im not sure if that's a good idea. Son and daught...
I am potentially interested in converting an existing Roth 401K to a self-directed account that allows for real estate investing. What is the cost/ benefit in your experience with making this sort of move? Currently t...
Hi, all. Here's a question for the tax pros. My grandparents left rental property in a trust, of which i had a share. (The property is in CA, if it matters.) In March of '21, the trustee transferred title of the prope...
I found a property close to my house that the owners moved out of months ago, it went up for sale and then the sign came down. From what I found is the house is in a Trust's name which has the owner's name in it. My...
I'm dumping my 6 condo portfolio for a single STR property in California.
Would you recommend setting up a California LLC?
Dennis
I regulary read a blog concerning financial planning and recently they were talking about RE asset protection via a DAPT.
http://bawldguy.com/last-minute-asset-protection-for-the-procrastinator/
Does anyone have any...
If I own a mobile home park and I own one of the homes free and clear should I sell it using a rent-to-own contract (lease option) or sell it by using seller finance?
If I do the seller finance route the terms would ...